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service provision in two sectors, rail and telecommunications, and three countries, the UK, Germany and France. Possible …
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The objective of this paper is to analyze the impact of regulatory and environmental conditions on technical efficiency of European railways. Using a panel data set of 31 railway firms from 22 European countries from 1994 to 2005, a multioutput distance function model, including regulatory and...
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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation …
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of a market for executives in France. Characteristics of this market are estimated for France and a competitive model is …. The size elasticity of CEOs' compensations in France is equal to 0.5 and justifies a large magnitude in compensations. To …
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